Wuhan's bio-chemical industry belt gradually became a scale
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It is understood that this is another regionally-integrated super-sized industry built in the Wuhan City Circle Pilot Area following the Wuhan Optical Valley in Hubei Province. Liu Zhaolin, deputy director of the Hubei Provincial Development and Reform Commission, said that "Bio Valley" will be built on the basis of the Wuhan National Biological Industry Base. After the Spring Festival, a group of key base companies and parks will be named and given priority support.
From this year onwards, the Hubei provincial government has increased the scale of the “special biological industry special funds†from 30 million yuan to 50 million yuan. At present, there are More than 300 bio-enterprises in Huandonghu District of Wuhan City (15 listed companies and more than 20 enterprises with sales revenue exceeding 100 million yuan). The annual production value in 2005 has reached more than 190 billion yuan, accounting for the entire province. Half of the industry's output value. There are more than 30 biotechnology R&D institutions such as Wuhan Institute of Virology, Wuhan Aquatic Institute and 13 key laboratories in the area, and 11 academicians of the two institutes in the field of biotechnology. The “Bio Valley†core area is located in the Dongdong Lake area on the southeast side of Wuhan Donghu High-tech Zone. The Guannan Biopharmaceutical Park, Nanhu Biological Agricultural Park, Jiangxia Modern Traditional Chinese Medicine Park and Gedian Chemical Synthetic Innovative Pharmaceutical Park have been initially formed.